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255 Rainier Way

Fox Lake, IL 60020

4 bd 3 ba 1,336 sqft Built 1996 condos
Most recent sale
$197,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 16, 2022 Sold $197,000 MLS #11474311
Jul 25, 2022 Listing removed $219,900 MRED
Jul 25, 2022 Listed $209,900 MLS #11474311
Jun 23, 2022 Listing removed $224,900 MRED
Jun 23, 2022 Listed $219,900 MLS #11444605
Jun 15, 2022 Listing removed $236,000 MRED
Jun 15, 2022 Listed $224,900 MLS #11435067
May 31, 2022 Listed $236,000 MLS #11399313
Sep 17, 2012 Sold $98,000 MLS #07924138
Mar 1, 2012 Price changed $115,000 MLS #07924138
Feb 16, 2012 Price changed $117,000 MLS #07924138
Feb 2, 2012 Price changed $119,000 MLS #07924138
Jan 19, 2012 Price changed $121,000 MLS #07924138
Jan 5, 2012 Price changed $123,000 MLS #07924138
Dec 22, 2011 Price changed $125,000 MLS #07924138
Dec 8, 2011 Price changed $127,000 MLS #07924138
Nov 24, 2011 Price changed $129,000 MLS #07924138
Nov 10, 2011 Price changed $131,000 MLS #07924138
Oct 27, 2011 Price changed $133,000 MLS #07924138
Oct 14, 2011 Listed $135,000 MLS #07924138
Sep 20, 2004 Sold $175,000 Public Record
Sep 12, 2003 Sold $170,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $72,931 $9,914 $82,845 $4,602
2023 $60,914 $8,198 $69,112 $4,372
2022 $48,016 $4,962 $52,978 $4,355
2021 $45,260 $4,677 $49,937 $4,253
2020 $44,613 $4,610 $49,223 $4,234
2019 $42,782 $4,421 $47,203 $4,072
2018 $35,303 $6,380 $41,683 $3,571
2017 $32,631 $5,897 $38,528 $3,372
2016 $29,844 $5,393 $35,237 $3,361
2015 $27,850 $5,033 $32,883 $3,157
2014 $27,850 $5,033 $32,883 $3,050
2013 $26,592 $4,806 $31,398 $2,915
2012 $33,910 $5,361 $39,271 $3,393
2011 $35,398 $5,597 $40,995 $3,327
2010 $48,007 $6,158 $54,165 $4,070
2009 $50,440 $6,332 $56,772 $3,800
2008 $50,787 $6,322 $57,109 $3,800
2007 $49,356 $6,144 $55,500 $3,626
2006 $52,375 $6,269 $58,644 $3,651

Property facts

Year built
1996
Property type
condos
Stories
3
Beds
4
Baths
3
Living area
1,336 sqft
Lot size
ZIP code
60020
City
Fox Lake
Street
Rainier Way
Coordinates
42.38627, -88.16136

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,182
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 255 Rainier Way last sell?
255 Rainier Way most recently sold on Sep 16, 2022 for $197,000.
What is the current tax assessment for 255 Rainier Way?
The most recent total assessment for 255 Rainier Way (year 2024) is $82,845 with $4,602 in property tax.
How does 255 Rainier Way's assessment compare to its last sale price?
The current assessment is 57.9% below the last sale price of $197,000.
When was 255 Rainier Way built?
255 Rainier Way was built in 1996.
How does 255 Rainier Way compare to others on Rainier Way?
We track 8 other properties on Rainier Way. Browse the list under "Other properties on Rainier Way" to compare beds, baths, and sale history.
What are the property facts for 255 Rainier Way?
255 Rainier Way is a 4 bed, 3 bath, 1,336 sqft condos.
Is 255 Rainier Way a flip candidate?
No — 255 Rainier Way does not appear in our flips dataset.
Is 255 Rainier Way a tax-appeal candidate?
No — 255 Rainier Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.1%
Implied 1-yr
-12.3%
2026 Q3
$190.1K
2026 Q4
$182.8K
ZIP 60020 — Median Price History + Forecast

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